1415 S St Andrews Place, Los Angeles, CA 90019
List Price: $1.93M
Listing Status: Active
0Days on Market: 0
12 Bedrooms · 8 Bathrooms · 9,268 sq ft
Property Type: ResidentialIncome
Year Built: 1922
Lot Size: 13,166 sq ft
Garage Spaces: 8
Private Pool: Yes
MLS Number: 26833875
About This Property
Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.
Listing provided by: Christophe Choo DRE #01027350 310-777-6200 Christophe@ChristopheChoo.com, Coldwell Banker Realty
Source: CRMLS, MLS #: 26833875
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